$FOUR - RC -
Added 2023-09-13 03:06:42 +0000 UTC$FOUR IPO'd in the middle of 2020 so we do not have a lot to work with in terms of chart history but as always with new IPO's, the chart is starting with an ABC correction.
Wave 4 is still valid here as it has not infringed on Wave 2 and we can see that it is in a strict bullish flag.
However, I am noticing the 50 Day MA is breaking down through the 200 Day MA very shortly, so the price needs to bounce on this yellow trend line now to try and keep this current structure valid. If not, then the price may come back down to the blue line again at $29.
